Analysts at Goldman Sachs Group Inc. began coverage on shares of Domtar Corp (TSE:UFS) in a research report issued to clients and investors on Thursday. The firm set a “neutral” rating on the stock.

Separately, TD Securities boosted their price target on Domtar Corp from C$41.00 to C$42.00 and gave the company a “hold” rating in a research note on Thursday, July 28th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of C$43.70.

Shares of Domtar Corp (TSE:UFS) traded up 1.39% during mid-day trading on Thursday, reaching $48.72. The company’s stock had a trading volume of 8,790 shares. The firm has a market capitalization of $3.05 billion and a P/E ratio of 34.05. Domtar Corp has a 12 month low of $41.62 and a 12 month high of $56.23. The company has a 50 day moving average of $48.85 and a 200-day moving average of $48.83.

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Domtar Corp Company Profile

Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company operates through two business segments: Pulp and Paper, and Personal Care. Its Pulp and Paper segment is engaged in the designing, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

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